Answer:
C. The standard of one vote for each share cannot be altered.
Explanation:
Shares are sold to individuals that now obtain ownership rights of a company.
Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.
Also common shareholders are shares have different classes with different voting rights.
However it is not true that the standard of one vote for each share cannot be altered.
When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.
The shareholder's standard of vote for each share is now halved
Answer:
The answer is $15,656
Explanation:
Formular: P = D * 
P represent estimated stock price or value = ?
D represent last dividend paid = $152
k represent discount rate = 0.04
g represent growth rate = 0.03
Using the fomular above; P = $152 * 
P = $152 * 
P = $152 * 103 = $15,656
:. The fundamental value of the stock market would be $15,656
Answer:
The beneficiary should receive 6 more years of payment.
Explanation:
An annuity certain option guarantees that the insured or his/her beneficiaries will receive payments for a minimum period of time in case the insured dies.
In this question the certain option was 10 years, during the first 4 years the insured received his/her annuity payments, but once the insured passed away, his/her beneficiaries will continue to receive payments until the 10 year period ends (6 more years).
Answer:
The answer is: $29,000
Explanation:
To calculate Job A3B's costs during September we must add direct materials plus 3 times direct labor:
September costs = direct materials + (direct labor x 3) = $1,500 + $9,000
September costs = $10,500
We do the same for October:
October costs: direct materials + (direct labor x 3) = $2,000 + $16,500
October costs = $18,500
The total cost for Job A3B is: $10,500 + $18,500 = $29,000
Answer:C) $2,125.
Explanation:
Interest = Principal x rate x time (period)
using days in a year = 360 days
Interest = $85,000 X 10% x 90/360
=$2,125
Therefore, Alabaster Inc, must repay the $85,000 principle and $2,125 in interest
